Could Facebook Be Worth $100 Billion by 2015?
For years, most people have assumed that Facebook, which recently surpassed 400 million users, would eventually go public — delivering a rich payday to its founders and investors. In an interview this week, CEO Mark Zuckerberg confirmed that intention, but said he would do it on his own schedule.
Continue reading Could Facebook Be Worth $100 Billion by 2015?
Could Facebook Be Worth $100 Billion by 2015? originally appeared on DailyFinance on Thu, 04 Mar 2010 16:20:00.
Filed Under: Company News, Technology, People, Media, Facebook
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Could Facebook Be Worth $100 Billion by 2015?
Tags: atlantic-, embattled-trump, entry, filed-under, fixing-fannie, media, msft, network-corp-, news, surpassed-400, trmpq, which-recently
Sony Strikes Back: New Devices Take Aim at Apple’s Iconic Products
Remember when Sony was the king of the consumer electronics hill, and the Walkman was the iconic product? Well, the Japanese giant wants its crown back, and it’s bringing the fight to Apple with new products intended to go head to head with the iPod, iPhone, iTunes and iPad.
Continue reading Sony Strikes Back: New Devices Take Aim at Apple’s Iconic Products
Sony Strikes Back: New Devices Take Aim at Apple’s Iconic Products originally appeared on DailyFinance on Thu, 04 Mar 2010 15:29:00.
Filed Under: Company News, Technology, Media, Sony, Apple
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Sony Strikes Back: New Devices Take Aim at Apple’s Iconic Products
Tags: apple, atlantic-, devices-take, fixing-fannie, media, sne, sony, which-recently
February Sales Rise as Shoppers Look for Clothes, Housewares
Heavy snowstorms took out a chunk of February’s sales, but retailers still managed to post stronger numbers. Shoppers appear to be coming back — however slowly and carefully — and spending again on non-essentials like clothes and housewares.
Merchants showed a 4% increase in comparable sales (for stores open at least a year) during February above the same time last year, according to a tally of…
Continue reading February Sales Rise as Shoppers Look for Clothes, Housewares
February Sales Rise as Shoppers Look for Clothes, Housewares originally appeared on DailyFinance on Thu, 04 Mar 2010 13:00:00.
Filed Under: Company News, JC Penney, Macy’s, Nordstrom, Target Corp., TJX, Saks, Retail
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February Sales Rise as Shoppers Look for Clothes, Housewares
Tags: entry, february-, fixing-fannie, gps, housewares, jcp, media, sales, sony, target-corp-, tgt, which-recently
Bernie Ecclestone and Genii Capital looking for another carmaker to buy?
Filed under: Motorsports, Celebrities, Rumormill
With his stranglehold on Formula One’s commercial rights firmly in place, Bernie Ecclestone is more accustomed to taking money than spending it. But after selling his prized classic car collection a couple of years ago, the F1 supremo teamed up with Luxembourg-based Genii Capital in a bid to take over Saab from General Motors. With precious little time to iron out a solid business case, Ecclestone and Genii lost out to Spyker in the Saab deal, but according to reports, that may not be the end of the road for the dynamic duo.
According to an interview Ecclestone gave with Pitpass.com shortly before the Saab deal was hammered out, Bernie and Genii - which recently acquired a stake in the Renault F1 team - could team up together again in the future in a fresh attempt to acquire another automaker, should such an opportunity arise. And with mergers forming and collapsing seemingly every week, the two investors just might get another shot before we know it.
[Source: Pitpass.com | Image: Clive Rose/Getty]
Bernie Ecclestone and Genii Capital looking for another carmaker to buy? originally appeared on Autoblog on Mon, 08 Feb 2010 16:28:00 EST. Please see our terms for use of feeds.
Tags: acquire-another, automaker, before-the-saab, bernie, bernieecclestone, celebrities, ecclestone, entry, genii, genii-capital, geniicapital, more-accustomed, precious-little, renault, which-recently
Leakage: Citroen DS3-R heading to Geneva?
Feb 8, 2010 Object
Filed under: Spy Photos, Performance, Geneva Motor Show, Europe, Hatchback, Citroën
Citoen DS3 Racing leaked - Click above for image gallery
Think of a road-ready rally machine, and what pops into your head? Likely the Subaru Impreza WRX STI or Mitsubishi Lancer Evo X, right? Well Subaru hasn’t won the World Rally Championship in seven years, Mitsubishi in eleven. In fact, neither is even trying anymore: Both have withdrawn from the championship. No, that territory is Citroen’s to claim. The French automaker (with its star driver Sebastien Loeb) have been the reigning champs since 2004, but Citroen hasn’t really capitalized on its gravel-drifting prowess with anything even approaching what of the WRX and Evo. Until now.
Although the current C4 Loeb has won the past three world rally championships in remains in active duty for another season - with former F1 world champion Kimi Raikkonen taking the wheel in the junior team - after that the new rally-spec DS3 (previewed in a batch of spy shots a few months ago) will take its place. From the looks of things, however, Citroen isn’t waiting around for the DS3 to match the C4’s dominance before they roll out the street version.
Following an earlier report last month hinting at the hot DS3’s arrival, a handful of photos showing what insiders suggest is the finished product have leaked onto the interwebs. Brought to us by our compadres over at Autoblog Spanish, these shots were recently confirmed as the real deal (and not as photochops as originally suspected) when the same car showed up in other images released (and since retracted) by the factory.
The car pictured features wider wheel flarings housing bigger hoops and riding on a dropped suspension. Sources peg it at 15 millimeters stouter than stock, with NAFTA four-pot brakes front and rear. Under the hood, the 1.6-liter turbo four is tipped to produce between 200 and 210 horsepower, driving through a six-speed manual (the jury’s still out on the presence of a limited-slip differential) and likely to the front wheels to propel the DS3 Racing to 62 mph in 6.8 seconds. The Halloween livery may be a love-it-or-hate-it affair, but this is likely what we’ll see, if the reports prove accurate at the upcoming Geneva Motor Show. For our part, we’ll take ours in deep blue, with a big red leaping bull on the side and our names printed above the doors.
Gallery: Leaked: Citroen DS3 Racing
[Source: Autoblog Spanish]
Leakage: Citroen DS3-R heading to Geneva? originally appeared on Autoblog on Mon, 08 Feb 2010 16:01:00 EST. Please see our terms for use of feeds.
Tags: 2010 geneva motor show, automaker, championship, ds3-r, genenva motor show, geneva, geneva2010, hinting-at-the, leaked, photos, which-recently
Jobs for Americans: Which states will take longest to rebound?
Nov 13, 2009 Object
Filed under: Economy, Electronic Arts, AMD
Unemployment, which recently hit a 26-year high of 10.2% nationwide, won’t begin to show signs of improvement until the second quarter of 2010. Even then, it will take until 2013 for half the states to regain their previous peak employment levels. That’s according to analysis from economic forecasting firm IHS Global Insight.
IHS argues that the U.S. economy is recovering, albeit at a glacial pace. It sees Texas, Virginia, Arkansas, Montana and North and South Dakota returning to their previous peak employment levels in 2010 to 2011. Montana and the Dakotas have benefited from strong commodity and agricultural prices. They also didn’t have any housing bubble to speak of.
Continue reading Jobs for Americans: Which states will take longest to rebound?
Jobs for Americans: Which states will take longest to rebound? originally appeared on DailyFinance on Fri, 13 Nov 2009 16:40:00 EST. Please see our terms for use of feeds.
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Jobs for Americans: Which states will take longest to rebound?
Tags: a-and-the, adbe, dakotas, economy, entry, erts, half-the-states, have-benefited, housing bubble, peak-employment, robert reich, south-dakota, texas, virginia, which-recently
Most Asian shares lower, but possible China Disney theme park sends some soaring
Nov 2, 2009 Object
Filed under: Economy, Investing
In Japan Monday, the Nikkei Index fell 2.3 percent to close at 9,803, and in Hong Kong, the Hang Seng Index shed 0.6 percent, ending the day at 21,620. In China, shares were higher, with the Shanghai Composite Index gaining 2.7 percent, settling at 3,077.
Shares in Hong Kong property developers dipped today as reports of a fall in weekend home sales sent a breeze across the overheated property market. Sino Land Co. (SNLAY) slipped 2.4 percent, New World Development Ltd. (NDVLY) declined 1.9 percent, and Sun Hung Kai Properties Ltd. (SUHJY) lost 1.6 percent. Henderson Land Development Co. Ltd. (HLDVF), which recently conducted the sale of the most expensive property in the world, added 0.5 percent.
Continue reading Most Asian shares lower, but possible China Disney theme park sends some soaring
Most Asian shares lower, but possible China Disney theme park sends some soaring originally appeared on DailyFinance on Mon, 02 Nov 2009 07:00:00 EST. Please see our terms for use of feeds.
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Most Asian shares lower, but possible China Disney theme park sends some soaring
Tags: a-friend-via, but-possible, earnings, even-or-better, government, hong kong property, says-it-now, which-recently
